Archive

More than 60,000 property and real estate businesses have started the year in ‘financial distress,’ a professional services and insolvency firm...

Eight agents were excluded from The Property Ombudsman (TPO) scheme during the first quarter of 2023 including collapsed online brand Doorsteps for...

Mystery surrounds the current position and owner of the Douglas & Gordon sales business as documents reveal the events that led...

Collapsed challenger portal Boomin has officially named its liquidator as company documents this morning outlined a deficiency of almost £10m in...

Collapsed online agent Doorsteps owes more than half a million pounds to company creditors including Rightmove, HMRC and the Treasury, documents...

Over the last five years, the Government has introduced a range of measures to regulate the property market, particularly in the...

Long-established Hampshire estate agent Clarke Mews has shut all three of its branches in West End, Botley and Netley, with its...

It’s taken Russia’s invasion of Ukraine for the UK to finally take a much-needed step in the right direction to stop...

Despite the roaring housing market, a new report says that no fewer than 70,500 real estate and property businesses are showing...

A bankrupt builder from Devon persuaded pensioners to pay him £271,000 to construct a home - but his poor workmanship has...

No fewer than seven estate and lettings agencies have been expelled from The Property Ombudsman scheme today. Most of them are now...

There’s a new warning that the estate agency industry may be in a more fragile financial condition than before the pandemic,...

An insolvency specialist is warning that the real estate sector of the UK is seeing more firms in financial distress despite...

Two property directors have been banned from holding company office for a total of 25 years after abusing £7.7m taken from...

From 4 May 2021, your agency could be blocked from charging late fees, compounding interest on missing rent and taking any...

Despite the booming housing market the whole property sector - a key indicator of the economy's performance - has seen 11,000...

There’s a record number of property industry companies, including agencies, in financial distress according to the latest Red Flag alert monitor. The...

Two companies that persuaded property investors to pay as much as £25,000 for a parking space have been wound up in...

Property and construction are amongst the worst hit sectors for businesses in so-called ‘critical distress’ according to figures taken before the worst...

Former housing minister Alok Sharma has revealed new measures to allow agencies and other businesses to avoid insolvency during the virus...

A surveyors’ firm has been wound up after courts declared that it had misled clients over the success of its core...

A free-to-list portal says the costs of listing on the established sites - especially Rightmove - are contributing to estate agencies...

It’s been reported that two founders of an estate agency at Leigh in Greater Manchester have been banned until 2025 after...

Insolvency firm Begbies Traynor says the estate agency and property industry sector of the UK economy has seen a big rise...

A shock prediction from a property management firm suggests that around 10 estate agencies have gone bust every week in Britain...

A sales and lettings agency which has entered insolvency is reported by a local newspaper to have offered vendors cut-price fees...

A business site says an agency’s administration has been extended as insolvency specialists try to find its former owner to claim...

A property company chief has been banned from being involved in any company for five years following a case involving over...

An estate and lettings agency that has been trading in the centre of Exeter for 12 years has ceased trading and...

A husband and wife pair of directors at a property valuation and surveying company have been ordered by the courts to...

There has been a nine per cent rise over the past year in estate agency and property industry firms in so-called...

Six directors have been banned from office after misleading over 300 people who bought new build homes in the north of...

Another year is nearly done – and what an eventful year it’s been. We’ve had more than our fair share of breaking...

There’s been a four per cent rise in the number of estate agencies becoming insolvent according to a new report. In the...

A tweet from Purplebricks’ chief executive Michael Bruce suggests that the agency may be about to play a role in the Emoov...

A statement by the administrators appointed by Emoov says there are prospective buyers for the listings on the online agency and...

Sky News says the online estate agency Emoov is preparing to call in administrators in a last-ditch attempt to salvage its...

A recent 'red flag alert' report from an insolvency firm warned that the number of real estate businesses defined as being...

An insolvency firm is warning that the real estate sector of the economy is showing a growing number of businesses defined...

At first sight, to suggest this is a good time for an agency business to go for an IPO - that...

When you are starting up a new business, it is unlikely that you will already have enough capital to invest. Taking...

Foxtons share price hit a new low yesterday, dropping to only 46p early in the afternoon: it eventually closed narrowly up...

By now we’ve all seen news about the long-term decline in property sales and competition from online alternatives leading to ‘more...

An insolvency firm claims 153 estate agencies have gone bust in the past year with more than 7,000 “showing signs of...

A survey of owner-occupiers, landlords, property investors and insolvency practitioners has revealed that Brexit is the single biggest concern when it...

The managing director of troubled estate agency Humberts says he has been “inundated” with prospective buyers since news broke over last...

The UK’s real estate sector, embracing estate agencies as well as other aspects of the property industry, has been facing “increased...

National franchise giant Hunters has delivered a strong trading update, despite what it describes as 'challenging conditions'. Earlier this week, it was...

Administrators have confirmed that 21 jobs have been lost due to the collapse of Hunters' franchise in East Anglia. At a creditors'...

The UK estate agency and construction industries are not ready for the huge workload and responsibilities involved in the General Data...

Despite the fact that eight out of 10 statistics are reportedly made up (if you can believe that figure), I bet...

There’s barely a week that goes by when you don’t read about an estate or letting agency business that’s been acquired...

Former clients of a Scottish estate and letting agency and mortgage company are being asked by a corporate insolvency firm to...

An insolvency firm active in the property sector says that after a year of major taxation, legislative and economic volatility, many...

Do you remember Martha Lane-Fox? She was the poster girl for lastminute.com and an icon of the dot.com bubble that ended...

“Estate Agents have been highlighted by the Serious Organised Crime Agency (SOCA) as under reporting relative to their vulnerability to money...

A high-end estate agency which closed unexpectedly in April is now reported to have been hit by low demand for homes...

Estate agency marketing organisation Cream Club - formally known as Cabec Limited - has been put into administration. It was almost two...